Air Partner Share Discussion Threads

[speedsgh] 28/1/2016 09:32

Encouraging update. Looking fwd to Prelims.

[masurenguy] 28/1/2016 09:07

Brief but positive update. Pretax profits expected to be ahead by 60% over last year. Market reaction muted as this is still below most peoples radar ! I made a small top up this morning although it is showing as a Sell

RNS Number : 2101N
Air Partner PLC
28 January 2016

PRE-CLOSE TRADING STATEMENT

Air Partner, the global aviation services group, is today releasing a Trading Statement ahead of entering a close period on 31 January 2016.

Trading momentum in the second half of its financial year ended 31 January 2016 remained good, with a stronger than expected end to the period. As such, we expect underlying pre-tax profit to be not less than £4.2m which compares to £2.6m reported in the same period last year. The Group has made good progress over the period. Most notably the implementation of our Customer First programme has begun following extensive trials and we also completed the acquisitions of Cabot Aviation in May and Baines Simmons in August.

A detailed update on our strategic initiatives will be provided with the Preliminary Results which are expected to be released on 28 April 2016.

[pvb] 20/1/2016 13:54

...when I say recovery. ;-)

[pvb] 20/1/2016 11:46

Funny, the recovery is showing on the chart TODAY.

[pvb] 19/1/2016 22:17

...and up 14.6% today!

At least that's what the Monitor says, though I don't see it on the above chart.

[pvb] 18/1/2016 18:53

I did think of referring to that. ;-)

[masurenguy] 18/1/2016 18:01

On a miniscule volume of 42,000 shares. That is just the sort of crazy price volatility that you often get with very illiquid stocks.

[pvb] 18/1/2016 17:13

Oo err! An 11.8% drop...

[masurenguy] 30/11/2015 15:05

Blackrock have increased their stake by 30%, adding a further 150,000 shares.

[speedsgh] 27/11/2015 10:42

Air Partner’s Freight division has signed a Memorandum of Understanding with Air Cargo Integrators (ACI DWC LLC) of the UAE -

[battlebus2] 07/11/2015 15:38

Yes thanks speed agh, I've had Cussons on my watch list for a while so good to hear Lord lee holds.

[robsy2] 07/11/2015 15:22

thanks for that speedsgh, sound spositive.
R2

[speedsgh] 07/11/2015 13:45

In his latest FT column Lord John Lee confirms that he has recently added to his AIR holding...

Stockpicking and the stop-go conundrum -

...While conscious that some commentators are bearish about markets generally, I have always preferred to be fairly fully invested and receiving dividends. Thus I have reinvested the sale proceeds by adding to existing holdings where I know management and have firm long-term confidence — Air Partner, Christie Group and PZ Cussons all falling into this category.

[darryn1] 03/11/2015 16:55

Great post. Trident3, you should take masureguys advice and stop digging.

[trident5] 31/10/2015 13:08

I didn't understand Globo either, Masurenguy.

Thinking you understand something when you don't tends to cause the problems.

[masurenguy] 17/10/2015 12:59

If you can't understand it then that is clearly your problem. It is also not my role or responsibility to try and elaborate this any further, especially since you obviously can't comprehend what is a very simple concept. It is you who is picking an argument, not me, but perhaps that is how you like to spend your time. I'm also not "quoting articles" to support any position, since I don't have one. They are just references to independent sources that elucidate the same principle that I originally stated.

There is an old saying that when you have dug yourself into a deep pit then you should stop digging. You should embrace this wisdom since this dialogue has become both pointless and rather tiresome.

[trident5] 17/10/2015 11:57

You haven't provided an explanation and I am not being obtuse. You're just quoting articles, one of which (American) supports your argument, your original reference was completely unrelated.

If I want to buy £5,000 or £50,000 AIR stock how will a stock split generate greater availability to meet my demand?

[masurenguy] 17/10/2015 11:44

I have provided you with a very simple explanation but perhaps you are just being obtuse. Furthermore what exactly does this reference "for a very good reason" actually mean?

You clearly don't understand how the market works so perhaps you should read a few books to get a better understanding of the basics. There will be many available that you can buy on Amazon.

Meanwhile could also look at the NYSE manual on listed stocks which you can access free online since the general principles apply to all Western markets, even though the exchange regulations can vary.
Checkout section 7 for a basic explanation of stock splits.

703.02 (part 1) Stock Split/Stock Rights/Stock Dividend Listing Process
(A) Introduction
Stock Splits—
There are many factors which a company must consider in evaluating the merits of splitting its stock. Studies by the Exchange indicate that a properly timed stock split can contribute to an increase in and broadening of the shareholder base and can also be an important means of improving market liquidity.

[trident5] 17/10/2015 11:21

No you haven't - you've just referenced an article on liquidity, that has no reference to stock splits (for a very good reason).

[masurenguy] 17/10/2015 10:59

I have provided you with a simple explanation but you don't appear to be able to comprehend it.

[trident5] 17/10/2015 09:32

Still can't see how a share split can impact liquidity. Liquidity can impact the spreads but I think you're getting all this muddled.

[masurenguy] 17/10/2015 00:26

Masurenguy - 21 Sep'15 - 7 of 21: This share is far too illiquid and the spread is too wide. They need to increase the number of shares in the market, to say 30m with a 3 to 1 split, which would also provide a corollary price of circa 140p.

A liquid share is very easy to price and can be bought or sold without any significant impact on the price. An illiquid share is more difficult to price and even a small buy or sell quantity can have a significant impact on the price. A liquid share is usually characterised by a narrow spread whereas
an illiquid share usually has a wide spread - like AIR.

A basic explanation of stock liquidity:

[trident5] 16/10/2015 21:23

"...they need to expand the number of shares in issue by a 4 to 1 conversion which would create better liquidity and also reprice the shares at circa 100p - 110p."
………;……̷0;..

How does that create any more liquidity? There'll be 4x as many shares available at a quarter the current price = the same liquidity.